Financial Ports

US rail freight surges 11% on steel demand: what’s driving the boom?

CLAVE 1 / 411% increase in metallic ores and metals shipments, the highest growth among rail commodities.

CLAVE 2 / 45.7% rise in intermodal volume, outpacing carload growth for the week ending August 29.

CLAVE 3 / 4Coal volumes up 1.9% on seasonal demand and pro-coal policies.

CLAVE 4 / 4Truck-rail rate gap widens to 34%, boosting intermodal traffic.

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